AUD/USD
In the last two weeks trading, the AUD/USD experienced much bullishness, as it stands now at 1.0175. Forex traders can take advantage of this imminent downward movement by entering short positions at an excellent entry price.
It is best to place the sell order at a higher, more attractive rate (1.0175) in case the pair continues moving in a shuffle before it continues its downward movement. As such, the 1.0190 resistance weekly level can serve for this purpose. That said, the pair can move downwards at the current level without any correction. Therefore, a breach in the support level at 1.0090 will serve as another trigger for a sell deal with a final exit goal for the position market at 0.9700 AUD/USD
